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Bill Williams Indicators

OS FractalsAn up fractal is formed when a high is both preceded and followed by lower highs. A down fractal is formed when a low is both preceded and followed by higher lows. Bill Williams uses a period of 2 (2 after and 2 before) to define a fractal. This indicator has 2 as default but lets you decide the range you want. The indicator lets you also select alerts when price crosses an up of down fractal, which would usually mean to entry a position. This indicator works best when used with an alligator, as long signals are valid above the Balance Line and short signals are valid when triggered below the Balance Line. Any comments for improvement are welcome.
Pine Script™ indicator
by ownsov
AO-ZoneThe Zone is mention in New Trading Dimensions by Bill Williams,PhD. The Zone is used for Entry Signal Green Zone are painting Green when Awesome Oscillator (AO) and Accelerater/Decelerator (AC) are both increasing. Red Zone are painting Red when Awesome Oscillator (AO) and Accelerater/Decelerator (AC) are both decreasing. Gray Zone are painting Gray when AO and AC in difference changing Gray Zone are indicate the indecision between bulls and bears. Bill Williams, PhD. mention that Green Zone or Red Zone usually happen 6-8 bars Continuously. (in my opinion, it happen lower than in intraday time frame) The First Bar that change to be Green or Red color is the Signal Bar. Entry Signal is the second bar in the same color as the Signal bar happen with Volume Price go higher the high of previous Green Bar is Buy Signal. Entry Buy (Long) and place Stop at 1 tick lower the Low of previous bar. Price go lower the Low of previous Red Bars is Sell Signal. Entry Sell (Short) and place Stop at 1 tick higher the High of previous bar. Can Entry from 2nd bar to 5th bar. Do not Entry if Green Bars or Red Bars completed 5 bars continuously. This indicator have AO , AC and Zone in 1 tools and there are counter to show the number of Green bar or Red bar. Green counter will happen when AO >0 and Green zone because AO > 0 show uptrend condition. Red Counter will happen when AO < 0 and Red Zone because AO <0 show downtrend condition. When we entry , we should follow the trend. So I design to non-show the counter if zone is against the trend. #WaveRiders
Pine Script™ indicator
by WaveRiders
41
William %R Scalper for Gold with tortle WPRWilliam %R Scalper with Tortle WPR is small update from WPR Scalper tool. It is used with small time frame : 5 , 3 or 1 minute. it uses tree different William %R indicators : one for fast move with 9 period WPR9 and one slow with 54 period WPR54 pLus tortle WPR 255. You can find buy zone when WPR255< -90 WPR9 < -90 and WPR54 < -80 and sell zone when WPR 255 > -20, WPR9 > -10 AND WPR54 > -20. Tortle WPR (255) provide price trend
Pine Script™ indicator
by sharktrade
4
OS AlligatorOS Alligator includes Bill and Justine Williams´ indicators explained both in their "New Trading Dimensions" and "Trading Chaos: Second Edition" books. This script replicates the visual alerts shown on their graphs. OS Alligator includes: - Fractals (with labels for easy reading) - Divergent Bars (signaled by top and bottom triangles) - Zone bar colors (the bar is green when both AO and AC are green, red when both are red, and black when different) - Zone buys and sells (subsequent AO of the same color), with letter Z - Saucer buys and sells, with letter S - Highest High and Lowest Low tracking (for traling stop setting) - Balance line (Teeth) crossover alerts and of course the Alligator's Mouth (Lips, Teeth, Jaw) with SMMA. All these functions are customizable both in periods and in color. For example if you want to modify the Fractal or HiLo periods you can do so. You can also add alerts based on any or all indicators. Thank you for reading. Any comments for improvement are welcome. -ownsov
Pine Script™ indicator
by ownsov
16
The Bayesian Q OscillatorFirst of all the biggest thanks to @tista and @KivancOzbilgic for publishing their open source public indicators Bayesian BBSMA + nQQE Oscillator. And a mighty round of applause for @MarkBench for once again being my superhero pinescript guy that puts these awesome combination Ideas and ES stradegies in my head together. Now let me go ahead and explain what we have here. I am gonna call it the Bayesian Q Oscillator I suppose. The goal of the script is to solve an issue both indicators on their own suffer from. QQE signals are not new and often the problem has always been false signals for them. They are good for scalping but the difference between a quality move and a small to nearly nonexistent move following a signal is not so clear. Kivanc made his normalized version to help reduce this problem by adding colors to his histogram type verision that would essentially represent if price was a trending move or in a ranging structure. As you can see I have kept this Idea but instead opted for lines as the oscillator. two yellow line (default color) is a ranging sideways area and when there is red or green it is trending up or down. I wanted to take this to the next level with combining the Bayesian probability oscillator that tista put together. The Bayesian indicator is the opposite for its issue as it is a probability indicator that shows which candle or price movement is more likely to come next. Red rising means possibly down move soon and green means up soon. I will not go into the complex details of this indicator but will suggest others take a look at his and others to understand the idea behind them. The point I am driving at is that it show probabilities or likelyhood without the most effecient signal device to match it. This original was line form and now it is background filled colors. The idea. is that you can potentially get some stronger and more accurate reversal signals with these two paired together. when you see a sell signal or cross with the towering or rising red... maybe it is a good jump potentially. The same for green. At the same time it is a double added filter effect from just having yellow represent it is ranging... but now if you get a buy signal (example) and have yellow lines (example) along wi5h a red rising or mountain color background... it not only is an indication of ranging, but also that there is potentially even a counter move coming based on the probabilities. Also if you get into a good trade and see dual yellow qqe crosses with no color represented by the bayesian background... it is possible it might only be noise. I have found them to work decently in the 1 hour timframe. Let me know your experience. I hope everyone takes a look at the originals to understand them. Full credit goes to those guys for this to be here. Let me know how it is working out for you. Here are the original links. bayesian Normalized QQE
Pine Script™ indicator
by Gunslinger2005
19
[blackcat] L1 Enhanced Awesome OscillatorLevel: 1 Background The awesome oscillator is just that, an oscillator by Bill Williams. In contrast to the slow stochastics, which ranges from +100 to -100, the fantastic oscillator is limitless. On the surface, one might think that the fantastic oscillator is made up of a complicated algorithm developed by a Whiz Kid from M.I.T. You will be surprised to learn that the indicator is a basic calculation of two simple moving averages. I made some improvements on it by introducing some novel moving average functions and choppiness index as L1 Enhanced Awesome Oscillator. Function Yellow bars for bull and fuchsia bars for bear with candles. Buying and selling signal is provided. Divergence signal is provided. Choppiness index is used as a green background color, which indicates trends when it under green color. The choppiness index is used to filter out entry signals. Key Signal yellow candle --> bull fuchsia candle --> bear yellow DIV label --> bottom divergence fuchsia DIV label --> top divergence red SELL label --> short entry green BUY label --> long entry Remarks Feedbacks are appreciated. Readme In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts. The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works. Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element. Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level. Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated. Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop. Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
Pine Script™ indicator
by blackcat1402
15
Market Cap - simpleThis is a simple market cap indicator . it allows you to see the actual market cap of a stock, live, on the chart, right next to the stock price. The indicator uses the data provided by Tradingview to calculate the market cap based on the simple calculation of outstanding shares times the price, at any given time. The indicator can be used to compare the actual value of a stock at different times when sometimes you might discover that the market cap when the price is low is actually higher than the market cap when the price was high. That scenario might happen when the amount of outstanding shares has been changed as time goes by. That conclusion is another nice benefit to having the indicator, on top of just having the Market Cap right in front of your eyes, always up-to-date, changing as the price is changing as well. transparency= the higher the value, the more transparent the indicator will be. this feature allows you to see the indicator if you want to, but not letting it interrupting your chart. Hope you enjoy it and good luck!
Pine Script™ indicator
by yehonatan.bus
23
Vix SpikeThis script calculates spikes Vix tops and bottoms. The Vix Market Bottom is calculated using CM_Williams_Vix_Fix Finds Market Bottoms (Chris Moody). The Vix Market Top is calculated as the inverse of CM Williams’ formula. The highest Vix Bottom and the highest Vix Top are averaged (over the Highest Vix Lookback period). Buys are signaled when the Vix Bottom line crosses below the Highest Vix Average. Sells are signaled when the Vix Top line crosses below Highest Vix Average. BINANCE:ETHUSDT 5 min BYBIT:XRPUSD 5 min
Pine Script™ indicator
by xxattaxx
12
Technical checklistNo one indicator is perfect. People always have their favorite indicators and maintain a bias on weighing them purely on psychological reasons other than mathematical. This technical checklist indicator collected 20 common indicators and custom ones to address the issue of a bias weighted decision. Here, I apply machine learning using a simple sigmoid neuron network with one hidden layer and a single node to avoid artifacts. For the ease of data collection, the indicator matrix is first shown as a heatmap. Once an uptrend signal window is selected manually, an indicator matrix can be recorded in a binary format (i.e., 1 0 0 1 1 0, etc.). For example, the following indicator matrix was retrieved from the MRNA chart (deciscion: first 5 rows, buying; last 5 rows, no buying): 1 1 0 0 0 1 1 1 1 1 0 1 0 0 1 1 0 1 1 1 1 1 0 0 1 1 1 0 0 0 1 0 1 1 0 1 0 1 1 1 0 0 1 1 0 1 0 0 0 1 1 1 0 0 1 0 0 1 0 0 1 1 0 0 0 1 1 1 1 1 1 0 1 0 0 1 0 1 0 0 0 0 1 1 0 1 1 1 0 1 1 1 0 1 1 1 0 1 0 0 1 1 0 0 1 0 1 0 0 0 0 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 1 0 0 0 0 1 0 0 1 1 0 1 1 1 0 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 1 1 1 0 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 0 1 1 1 This matrix is then used as an input to train the machine learning network. With a correlated buying decision matrix as an output: 1 1 1 1 1 0 0 0 0 0 After training, the corrected weight matrix can be applied back to the indicator. And the display mode can be changed from a heatmap into a histogram to reveal buying signals visually. Usage: python stock_ml.py mrna_input.txt output.txt Weight matrix output: 1.37639407 1.67969656 1.0162141 1.3184323 -1.88888442 8.32928588 -5.35777295 3.08739916 3.06464844 0.82986227 -0.53092333 -1.95045383 4.14441698 2.99179435 -0.08379438 1.70379704 0.4173048 -1.51870972 -2.14284707 -2.08513252 Corresponding indicators to the weight matrix: 1. Breakout 2. Reversal 3. Crossover of ema20 and ema60 4. Crossover of ema20 and ema120 5. MACD golden cross 6. Long cycle (MACD crossover 0) 7. RSI not overbought 8. KD not overbought and crossover 9. OBV uptrend 10. Bullish gap 11. High volume 12. Breakout up fractal 13. Rebounce of down fractal 14. Convergence 15. Turbulence reversal 16. Low resistance 17. Bullish trend (blue zone) 18. Bearish trend (red zone) 19. VIX close above ema20 20. SPY close below ema20 PS. It is recommended not to use default settings but to train your weight matrix based on underlying and timeframe.
Pine Script™ indicator
by lockeyj
11
Breach v3 BetaThis is a script that allows you to toggle multiple indicators related to support and resistance, CCI, and Breaches (Crossovers based on William's Fractals). How to use: Custom Timeframe (Minutes) - To compare to current candles Crossovers on custom - Crossovers and breaches on custom timeframe (Blue Triangle up) Crossunders on custom - Crossunders and breaches on custom timeframe (Blue Triangle down) Crossovers on current candles - Crossovers and breaches on current timeframe/Candlestick (Purple Triangle up) Crossunder on current candles - Crossunders and breaches on current timeframe/Candlestick (Purple Triangle down) CCI - CCI Trend indicator (red/green dots) CCI - window - Input CCI window size in candlesticks (Integer) Resistance on current candles - Resistance on current candles (Green Line) Support on current candles - Support on current candles (Red Line) Resistance - Custom - Resistance line based on Custom Timeframe (Blue Line) Support - Custom - Support line based on Custom Timeframe (Purple Line) Price on current support/resistance - Label displaying the price of current (candlestick) support/resistance Price on custom support/resistance - Label displaying the price of custom (Custom Timeframe) support/resistance
Pine Script™ indicator
by Shadowbroker_1066
FractalThis fractal indicator provides fractal support and resistance together with other integrated features, such as short-, mid-, and long-term SMA and EMA lines, color code for bullish and bearish candles, and showing closing price to length for planning future trend scenarios. Using fractal support and resistance and a triple moving average trading system helps traders identify better trade signals. Click on Settings to select indicators for those features. The default setting is showing all.
Pine Script™ indicator
by lockeyj
4
GBP/JPY Daily time FX Strategy ATR W% BaselineThis is a preety good strategy suited for long term trading. It has been adapted and optimized in this case for GBP/JPY 1D time frame. Its made of Kiojun baseline, together with ATR for stop loss and size calculation and Williams % R For the purpose of this example we simulate that we have a leverage of 100x in order to be able to buy the ammount of lots required for our stop loss to be in same page with the risk % of our capital. For entry we have for long, ascending R in the last 2 candles and crossover of close with KIOJUN baseline. For short the same but in reverse. We exit if we reach the TP -100 points in this example, or SL , which is based on ATR of the last x days. If you have any questions feel free to write me in private !
Pine Script™ strategy
by SoftKill21
1